Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto
Crypto21:06
CZ Emphasizes Strict Private Key Isolation for Hardware Wallets
Macro21:06
US Small Business Bankruptcies Surge to Records as Inflation Persists
Crypto
Zama Raises $150M at $1B Valuation for FHE Technology
12/02/2025, 11:36
AI SUMMARY
●Zama raises $150M at $1B valuation for FHE technology
●Tech enables private smart contracts; potential use by BlackRock cited
●Public auction set for Jan 12-15 with regulated stablecoins integrated
Zama has secured $150 million in funding at a $1 billion valuation to develop fully homomorphic encryption (FHE). This technology allows data to be processed without decryption, enabling privacy-preserving smart contracts and applications.
The round highlights institutional interest, with analysis suggesting potential utility for entities like BlackRock to execute smart contracts without exposing sensitive positions. Reports indicate a public auction for the project is scheduled for mid-January.
Regulated stablecoins are reportedly already building on the infrastructure, signaling early adoption of FHE in compliant financial frameworks.